EU to use €27bn profit from frozen Russian assets as Ukraine funding
The EU will take a major step to confiscate a possible €27bn profit that could be generated by Russian assets in…
Motoring leaders claim that Britain has fallen behind the EU in driverless cars
UK start-ups have launched their technology overseas despite the regulatory uncertainty
Industry chiefs warn…
Marlboro owner sells Bud Light stake for $2.2bn after trans controversy
News of the sale of shares comes as owner of beer tries to reclaim all American reputation
After a backlash due…
Transport Secretary threatens a ‘robust sanctions’ if China dumps EVs…
Transport Secretary threatens "robust" sanctions amid fears that low-cost models may flood Europe
The Transport…
Savills profits plunge after commercial property woes
Savills boss claims that the commercial property market has suffered more in the last year than even during the…
Danish economy benefits from Wegovy
The growth of the Danish economy last year was almost entirely due to Novo Nordisk Pharmaceuticals, the company…
AstraZeneca purchases rare diseases group in order to boost drug pipeline
The largest pharmaceutical company in Britain has signed a deal to buy a French company that specializes in rare…
Welsh Water ordered to compensate customers for misleading data
Welsh Water has agreed to pay its customers £40million after misleading regulators regarding its performance in…
John Lewis Partnership rejects splitting of operations
John Lewis Partnership bosses have denied that they plan to separate their struggling department stores and…
Metro Bank will end its seven-day operations and cut 1,000 jobs
Metro Bank has slashed hours and canceled the seven-day opening of its branches after losing 1,000 jobs.
As part…
BP suspends $2bn Israel contract amid Gaza War
BP has halted negotiations on a $2bn deal (£1.56bn), which would have invested in an Israeli gasfield, as warfare…
Britain restricts quantum computer exports due to fears of foreign military use
As a result of growing concerns about the potential weaponisation of this technology by foreign militaries, the…
Adidas blames US sales decline on overstocked market
Adidas has blamed an overstocked market for its warning that sales in North America will decline this year.
The…
The trade deficit is rising amid high energy import prices
Imports of energy, which are expensive, contributed to a larger trade deficit than anticipated at the beginning of…
Bank Governor: Britain is nearing full employment
The Bank of England governor acknowledged that policymakers have a difficult time with inaccurate data. He admitted…
Chief of European missile manufacturer urges UK to play a part in EU defence…
The CEO of MBDA (Europe's largest missile manufacturer) has urged EU decision-makers to ensure the UK is included…
Volkswagen is considering a partnership with a mass-market electric vehicle…
Volkswagen is looking at partnering with carmakers in order to produce electric vehicles that are cheaper. This…
Glencore’s primary listing in London is to be moved from Sydney, according…
A activist investor called on Glencore's London listing to be moved to Sydney, and to abandon plans to spin-off its…